Pushd’s Stage 6 E-Commerce Presale Defies Market Trends Amid Bitcoin’s 9% Drop Following Iran-Israel Tensions
Bitcoin looked like an unstoppable engine and a source of stability for the entire market. But after the coin peaked above $74,000, the trend started to look shakier. Over the weekend, the Iran drone and projectile attack against Israel translated into market turbulence, wiping out 9% of the price. In the following days, Bitcoin still faced weakness, at one point threatening to fall under $60,000. At a time when Bitcoin can correct even deeper, the Pushd presale is offering a silver lining and the potential to defy market trends.
Bitcoin Bounces Just Above $60,000 After New Dip
For Bitcoin, there may always be those who wait to “buy the dip” when the opportunity arises. When the leading coin dropped close to $60,000 mid-week, buyers swooped in, lifting the price again to the $60,400 range.
After the slide, Bitcoin is now more than 12% lower week-on-week. Bitcoin has closed such gaps easily in the past, but this time, the leading coin was not immune to market panic.
Two Days Remain to Halving, Enthusiasm Still Low
Based on block time, the Bitcoin halving still has two days left. After the event, only 450 new Bitcoin will be available on the market.
During the 2024 bull run, Bitcoin was also extremely dominant, taking up 53.8% of the total crypto market capitalization. This dominance is a feat, especially given the appearance of new blue chip assets and meme coins and tokens.
Bitcoin gained additional support from the launch of several ETF products, adding to a new inflow of investments. The leading coin also became a safe haven and a way to lock earnings. Bitcoin maximalists also finally felt vindicated. However, for newcomers, the current price level does not look like the most appealing entry point.
Pushd Token Presale Brings the Right Entry Point for New Investors
Pushd will offer a new ERC20 token, part of the well-established Ethereum ecosystem. The token will be highly accessible to both new users and experienced crypto buyers. Pushd has set aside a large share of its total supply for its series of presale events, where buyers will gain access to a total of 170M tokens.
The entire supply of Pushd tokens will be only 250M, low enough to introduce a new blue chip asset. At this still early stage of the sale, Pushd is available for only $0.144.
The Pushd project will build a fully permissionless marketplace, where each user’s identity will be secured by their Web3 wallet. Vendors will be paid immediately, with no hidden fees or waiting periods. Buyers can choose to spend directly within the marketplace or issue a Pushd debit card to spend their balance with other online merchants.
All presale buyers will gain early access to the Pushd platform, as well as a chance to give feedback to the team. The presale opportunity will end after stage 7 is complete, so the Pushd window is closing fast.
